New Port Colony Homes with No Deed Restriction Community Extras

Welcome to New Port Colony, a hidden gem nestled in the heart of New Port Richey, Florida. This charming subdivision offers a unique blend of tranquility and convenience, making it an ideal choice for families, retirees, and everyone in between. With its picturesque surroundings and friendly community atmosphere, New Port Colony is more than just a place to live; it’s a place to thrive.

One of the standout features of New Port Colony is its homes with no deed restrictions. This means you have the freedom to personalize your property as you see fit, whether that’s creating a lush garden oasis, parking your recreational vehicles, or simply enjoying the space without the constraints often found in traditional neighborhoods. This flexibility allows residents to truly make their homes their own, fostering a sense of individuality and pride.

The community itself is beautifully landscaped, with mature trees and winding streets that invite leisurely strolls or bike rides. Residents enjoy access to various amenities, including nearby parks and recreational facilities, perfect for outdoor enthusiasts and families looking to spend quality time together.

Located in Pasco County, New Port Colony is just a short drive from the vibrant downtown area of New Port Richey, where you can find an array of dining, shopping, and entertainment options. With its prime location, you’ll have the best of both worlds—the serenity of suburban living and the excitement of urban amenities.

Discover the charm of New Port Colony, where community spirit meets the freedom to create your ideal living space. Your dream home awaits!

Newest New Port Colony Homes with No Deed Restriction Community Extras

$2,800,000

53 Beds ⋅ 40 Baths ⋅ New Port Colony SubDv. ⋅ 34652 Zip Code

New Port Colony | 36-Unit Multifamily Investment | New Port Richey, FL | Turnkey multifamily investment. This 36-unit, 55+ community in New Port Richey, Florida is generating a 10% cap rate. The unit mix is well-balanced, with 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath homes, all within a single complex. Every unit has been updated and comes equipped with central heating and air. And here's what really sets this property apart: all 36 units have their own private garage — washer/dryer hookups in the garage of each unit. Residents get their own parking and their own laundry, all tucked right outside their door. Community amenities include a swimming pool, shuffleboard courts, and a neighborhood feel that residents take pride in. Residents have the option to join the Gulf Harbors Beach Club — one of the only private Gulf-front beach clubs in the area — for just $200 a year. It's a small cost that adds a lifestyle element most apartment communities simply can't offer. Day-to-day living is easy. Groceries, restaurants, shopping, and medical facilities are all close by, which matters a great deal to the 55+ residents who call this place home. The 55+ demographic is one of the most stable tenant bases in residential real estate — low turnover, consistent payment history, and genuine pride of residency. New Port Colony reflects all of that. Strong returns, updated units, a private garage, community pool, and a beach club down the road.

4954 Bitner Street, New Port Richey

$2,800,000

53 Beds ⋅ 40 Baths ⋅ New Port Colony SubDv. ⋅ 34652 Zip Code

New Port Colony | 36-Unit Multifamily Investment | New Port Richey, FL | 10% Cap Rate. If you've been searching for a turnkey multifamily investment that truly checks every box, New Port Colony deserves your full attention. This 36-unit, 55+ community in New Port Richey, Florida is generating a 10% cap rate — and once you understand what's included, it's easy to see why. The unit mix is well-balanced, with 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath homes, all within a single complex. Every unit has been updated and comes equipped with central heating and air. And here's what really sets this property apart: all 36 units have their own private garage — washer/dryer hookups in the garage of each unit. Residents get their own parking and their own laundry, all tucked right outside their door. There's a pool, shuffleboard, and a neighborhood feel that residents take pride in. Residents have the option to join the Gulf Harbors Beach Club — one of the only private Gulf-front beach clubs in the area — for just $200 a year. It's a small cost that adds a lifestyle element most apartment communities simply can't offer. Day-to-day living is easy. Groceries, restaurants, shopping, and medical facilities are all close by, which matters a great deal to the 55+ residents who call this place home. The 55+ demographic is one of the most stable tenant bases in residential real estate — low turnover, consistent payment history, and genuine pride of residency. New Port Colony reflects all of that. Strong returns, updated units, a private garage, and a beach club down the road.

4954 Bitner Street, New Port Richey

Start Your Search